My eBay investment is on the rise again

You can read why I had purchased eBay shares here:


Why they are on the rise again you can read below:

Reuters: EBay profits jump 52 %

SAN FRANCISCO (Reuters) – Online auction leader eBay Inc. (EBAY.O: QuoteProfile , Research) reported on Wednesday quarterly results that beat Wall Street expectations and said its outlook for the rest of the year would be at the high end of analysts’ predictions.

Shares of eBay jumped as much as 6 percent after the company posted a 52 percent jump in net profit on a 27 percent revenue rise, led by growth in its core auctions business and the rising prominence of international sales.

“I would say it was a very strong quarter across the board,” Chief Executive Meg Whitman said in an interview. “We are actually accelerating our organic growth rate, excluding the impact of foreign exchange and acquisitions.” …read more…

another source: BBC: Overseas business boosting eBay

Permalink to this article


Technorati tags: , , ,

2 thoughts on “My eBay investment is on the rise again

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s